Daily Market Intelligence 4-26-19
Daily Market Intelligence 4-26-19
Indices are trading within points of where they opened yesterday. Equity/Bond spreads and the Indices are sitting on momentum & oscillator support Sustaining below those levels will elect further selling. It’s a must hold level. Holding the weeks lows will … Continue reading
Daily Market Intelligence 9-14-18
Daily Market Intelligence 9-6-16
Daily Market Intelligence 8-19-16
Spu’s keep holding the 200 DMA on these mid day breaks. Stocks trying to bottom out today. These will take into the close for upside momentum verification. HZNP, CELG,BMY & IBB are all attempting bottoming patterns. NFLX AMZN FB PCLN … Continue reading
Stocks… ACT…needs new closing strength over 302.50 for a run to the highs. BMY…needs to hold 63.40 close to keep pattern integrity. MBLY… Anywhere near 43 would be a low risk buy. NFLX…the 545 fib extension was hit shortly after … Continue reading
IWM,MVV,DIG,XLE,BMY & Nikkei are all attempting daily ORH patterns. SLB led the energy names early. XOM…is looking firm. A close over 93.30 is needed to confirm a tradable low. Line…needs a close over 10.30 to confirm the 9 low. IBM…failed … Continue reading